The US crypto market structure bill may be delayed until May for review as banking industry lobbying intensifies divisions
Odaily reports that the timeline for moving forward with the U.S. "Clarity Act" crypto market structure bill faces uncertainty. The plan, which was originally scheduled for review this month, may be postponed to May due to lobbying pressure from the banking industry.
It is reported that some banking associations are dissatisfied with the bill's stablecoin yield restriction provisions and are pressuring members of the Senate Banking Committee to revise the bill. Meanwhile, White House crypto advisor Patrick Witt has publicly criticized these lobbying actions.
Currently, the bill still needs consensus on key issues including stablecoin yields, DeFi provisions, and ethics. It remains uncertain whether a review date can be confirmed this week. (Crypto In America)
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